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The selection process is accelerated because of concerns about financial market volatility due to conflict in the Middle East, Finance Minister Purbaya Yudhi Sadewa said.
2 hours agoShares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the US-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.
3 hours agoEconomists say the downward revision could raise lenders’ funding costs and put pressure on share and bond prices, though strong capital and profitability should cushion the impact.
16 hours agoRespondents to the BI survey believe that sales will remain “relatively stable” in April and increase in July, driven by the school vacation “peak season” during that period.
18 hours agoIn a world where travel has become the norm, travelers are continuously searching for an experience that has the ability to enrich their adventures, without dealing with any obstacles or hassles. Therefore, businesses have to evolve and innovate in order to meet the expectations of their consumers.
22 hours agoThe government may accelerate plans to expand the use of biofuel and bioethanol as soaring global oil prices triggered by the Middle East conflict raise concern over the cost of imported fossil fuels.
23 hours agoAs non-nickel EV batteries gain ground globally, the strategy of developing nickel-based batteries is reaching a critical juncture.
1 day agoOil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
1 day agoTrump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.
1 week agoNew data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.
1 week agoTech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.
2 weeks agoAs artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.
3 weeks agoChina's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
3 weeks agoThe selection process is accelerated because of concerns about financial market volatility due to conflict in the Middle East, Finance Minister Purbaya Yudhi Sadewa said.
2 hours agoThe dollar was up 0.9 percent at $1.1518 on the euro, its highest since November.
1 day agoIn a world where travel has become the norm, travelers are continuously searching for an experience that has the ability to enrich their adventures, without dealing with any obstacles or hassles. Therefore, businesses have to evolve and innovate in order to meet the expectations of their consumers.
22 hours agoAs non-nickel EV batteries gain ground globally, the strategy of developing nickel-based batteries is reaching a critical juncture.
1 day agoShares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the US-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.
3 hours agoOil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
1 day agoIran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.
1 day agoThe dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth.
2 days agoShare markets slid in Asia on Monday as the inflationary pulse from surging oil prices threatened to raise living costs, and perhaps interest rates, across the globe, while an investor hunger for liquidity kept the US dollar in demand.
2 days agoThe US Treasury Department is expected to announce measures aimed at combating rising energy prices in the wake of the Iran conflict, including potential action involving the oil futures market, a senior White House official said.
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